Property developer Port Bouvard has booked a $29 million net loss for the 2009 financial year which includes a more than $30 million asset impairment charge as a result of a weakening property market.
The Economic Regulation Authority has knocked back Western Power's request to allow big increases in the price it charges for access to the state's main electricity grid for the next three years.
Opposition energy spokesman Mark McGowan today called on the state government to end 10 months of uncertainty surrounding the possible re-merger of Verve Energy and Synergy.
STATE Energy Minister Peter Collier has denied the government is preparing to abandon Premier Colin Barnett's mooted re-amalgamation of Verve Energy with Synergy.
The company in charge of the billion-dollar Oakajee deepwater port and rail network has appointed WorleyParsons to conduct the budget and engineering components of the $100 million bankable feasibility study.
WESTERN Australia's business community has given cautious approval to initiatives proposed at last week's Council of Australian Government (Coag) meeting, aimed at streamlining the approvals process for taxpayer-assisted major infrastructure developments.
WESTERN Australia's construction sector has been boosted with the awarding of $342 million in contracts to builders across the state as part of the federal government's infrastructure funding program.
Barnett backs 9pm retail trading PREMIER Colin Barnett has announced that he will introduce a bill paving the way for retail trading hours to be extended to 9pm on weeknights.
Paladin Energy has approved a $US71 million ($A88 million) expansion to its Langer Heinrich uranium mine in Namibia, which will be smaller than originally targeted.
Sydney-based Norfolk Group has secured a $96.5 million contract from BHP Billiton Iron Ore for rail signaling installation work as part of the miner's Rapid Growth Project 5.
WestNet Rail has resumed operations on four regional rail lines after striking an agreement with the Barnett government to assess the long-term future of the state's run-down grain rail network.
The Geraldton Port is responsible for facilitating significant levels of trade for the state, conservatively estimated to be worth $2.3 billion a year which is tipped to grow up to 20 per cent.